Wholesale UK gas prices, for instance, fell by 12.5% on Tuesday, reversing the surge following initial missile attacks Oil prices fall as Israel agrees to ceasefire with Iran.

The Ministry of Investment, Trade and Industry (MITI) said the recent Iran-Israel armed conflict led to a surge in global oil prices, which in turn increased the cost of raw materials and logistics.

People ride on a motorcycle as a view shows the aftermath of an Israeli strike on Evin Prison that took place on June 23, after the ceasefire between Israel and Iran, in Tehran, Iran, June 29, 2025.

Oil prices surge 9% on heels of Israeli strikes, set for largest single-day gains in about five years Crude oil futures jumped as much as 13% Thursday evening after Israel launched airstrikes ...

The ceasefire that ended Iran's 12-day war with Israel has held for nearly a month without incident, but many Iranians remain uneasy, struggling with uncertainty as fears of another confrontation ...

A Houthi military spokesperson said their latest move was part of a "naval blockade" against Israel that has escalated to a ...

International, MNA | anada's annual inflation rate cooled to 1.7 percent in July, official data showed Tuesday, helped in part by falling gasoline prices. "Lower crude oil ...

The US Energy Information Administration (EIA) has projected a notable decrease in crude oil prices, anticipating that global ...

Inflation cooled in July thanks largely to relief at the gas pumps, but Statistics Canada said grocery and shelter costs were ...

A wave of triumph sweeps Israel in the aftermath of its campaign against Iran, even as Gaza’s suffering recedes from public ...

The ceasefire that ended Iran's 12-day war with Israel has held for nearly a month without incident, but many Iranians remain uneasy, struggling with uncertainty as fears of another confrontation ...